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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Dermot Burke who wrote (9820)	7/31/1998 1:25:00 AM
From: dumbmoney	Read Replies (1) \| Respond to of 74651

Bork's assertion that "But for Microsoft's interference, the market would be much more dynamic as new technologies and fresh innovations challenged the company's present dominance" is an absurd conjecture which cannot be proven, or for that matter disproven. It's typical of the whole paper - all rhetoric and no substance. Bork says "The only changes that may not be made are those that both impair the opportunities of rivals and do not further competition on the merits, i.e., lack a legitimate efficiency justification." This much is true. If Microsoft can show there is a consumer benefit to integrating the browser and the OS (and obviously, there is), then there is no anti-trust problem with Microsoft offering such a combination for sale. The worst case scenario is that Microsoft will be forced to offer a crippled version of Windows, possibly for a lower price, that lacks the broswer and related functions. Nobody would buy such a version, so even in the worst case Microsoft suffers no real damage.